Top 10 Issues Eroding Cloud Confidence

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The survey said that businesses must pay significant amounts of money to meet regulatory requirements, while putting up with the limits regulators place on tech innovation. It's critical for government and regulators to adopt a regulatory stance that enables, rather than limits, adoption of the cloud.

"Right now government regulations in countries around the world are in their infancy," Santos said. "When it comes to cloud standards, development organizations are working hard to determine cloud and security issues. But a lot of it hasn't really been covered."